Ole HansenOle Hansen , Head of Commodity Strategy, Saxo Bank
Denmark, 19 June 2012 at 14:17 GMT+0
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Reuters: Chinese copper demand is expected to continue to expand in the second half of 2012 as the country's moves to stimulate its economy are likely to raise consumption of the metal, Germany's Aurubis NAFG.DE, Europe's biggest copper producer, said on Tuesday. "China’s demand for copper is still projected to reach 8.4 million tons this year, i.e. 8 percent above last year’s volume," Aurubis said in a report. "Since many raw material investors are still currently bracing themselves for a moderate weakening of economic growth, the biggest risk for copper apart from the euro crisis arises from a modified view of China.

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